Commonwealth Equity Services LLC Boosts Position in Abrdn Healthcare Investors (NYSE:HQH)

Commonwealth Equity Services LLC increased its holdings in Abrdn Healthcare Investors (NYSE:HQH) by 4.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,279 shares of the financial services provider’s stock after acquiring an additional 3,409 shares during the quarter. Commonwealth Equity Services LLC owned about 0.17% of Abrdn Healthcare Investors worth $1,385,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in HQH. FNY Investment Advisers LLC purchased a new position in shares of Abrdn Healthcare Investors during the 4th quarter worth approximately $48,000. TD Private Client Wealth LLC purchased a new stake in Abrdn Healthcare Investors in the third quarter worth $66,000. Wealthfront Advisers LLC purchased a new stake in Abrdn Healthcare Investors in the fourth quarter worth $118,000. Stratos Wealth Partners LTD. bought a new position in Abrdn Healthcare Investors in the fourth quarter worth $187,000. Finally, Stifel Financial Corp purchased a new position in Abrdn Healthcare Investors during the third quarter valued at $188,000. Institutional investors own 32.60% of the company’s stock.

Abrdn Healthcare Investors Stock Down 0.0 %

NYSE:HQH opened at $16.49 on Monday. The firm’s 50-day moving average price is $17.32 and its 200-day moving average price is $17.58. Abrdn Healthcare Investors has a 1-year low of $15.76 and a 1-year high of $19.79.

Abrdn Healthcare Investors Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 21st will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 13.83%. The ex-dividend date is Friday, February 21st.

About Abrdn Healthcare Investors

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.